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Sovereign Wealth Funds Briefing - Categorized | People

Sovereign wealth chief exec steps down

Posted on 14 March 2012

The chief executive of the Bahraini sovereign wealth fund Mumtalakat Holdings has stepped down following the completion of his four-year term. The move follows a difficult period for the fund which has posted losses in its past three years, according to its published accounts.
Talal Al Zain was a founding member of the Mumtalakat Holding Company when it was launched by royal decree in 2006 as an independent holding company for the government of Bahrain’s strategic non-oil and gas related assets………………………………………..Full Article: Source


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